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The Wage Bargaining Structure In Norway And Sweden And Its Influenceon Real Wage Developments
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Book Synopsis The Wage Bargaining Structure in Norway and Sweden and its Influenceon Real Wage Developments by : Mr.Alun H. Thomas
Download or read book The Wage Bargaining Structure in Norway and Sweden and its Influenceon Real Wage Developments written by Mr.Alun H. Thomas and published by International Monetary Fund. This book was released on 1998-12-01 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper investigates the determinants of wages in the tradables and service sectors in Norway and Sweden. Tradables wages are determined by their own productivity growth whereas service sector wages are influenced by wage growth in the tradables sector. The traditional strong sensitivity of the real wage to changes in the unemployment rate has been virtually eliminated since the recessionary period in the early 1990s in Sweden, and real wages have grown faster than macroeconomic factors alone would suggest. In contrast, real wages have become more sensitive to cyclical conditions in Norway and have grown less rapidly than macroeconomic factors indicate. These changes in the wage process have hindered the development of private sector employment in Sweden but have stimulated private sector employment in Norway.
Book Synopsis Wages and Economic Control in Norway, 1945-1957 by : Mark Whittlesey Leiserson
Download or read book Wages and Economic Control in Norway, 1945-1957 written by Mark Whittlesey Leiserson and published by Harvard University Press. This book was released on 1959 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Utilizing experience and information gained in more than ten years in Norway, the author presents an extensive body of empirical evidence on the difficulties of maintaining both price stability and free collective bargaining in a full employment economy. The first part of the book is devoted to an exploration of the course of wage policy and collective bargaining over wages, and the role these decisions played in determining the actual development of money wage levels. The second half consists of a detailed analysis of the relation between wage developments and the price level, the share of labor in national issues, the rate of capital formation, and the allocation of manpower within the economy.
Book Synopsis Wage Formation and Macroeconomic Policy in the Nordic Countries by : Torben M. Andersen
Download or read book Wage Formation and Macroeconomic Policy in the Nordic Countries written by Torben M. Andersen and published by . This book was released on 1990 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scandinavian Labor market policies have always represented one of the strongest alternatives to those adopted by recent governments in the United Kingdom and the United States, and the ability of these countries to maintain such low unemployment is currently of great interest to economists. This book offers a comprehensive analysis of both wage formation in the individual Nordic economies and general aspects of Nordic wage setting institutions, in particular the relation between centralized bargaining and wage drift. This book will be of special interest to economists, policy makers, and trade unions.
Book Synopsis Wage bargaining under the new European Economic Governance by : Guy Van Gyes
Download or read book Wage bargaining under the new European Economic Governance written by Guy Van Gyes and published by ETUI. This book was released on 2015-09-28 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: Within the framework of the new European economic governance, neoliberal views on wages have further increased in prominence and have steered various reforms of collective bargaining rules and practices. As the crisis in Europe came to be largely interpreted as a crisis of competitiveness, wages were seen as the core adjustment variable for ‘internal devaluation’, the claim being that competitiveness could be restored through a reduction of labour costs. This book proposes an alternative view according to which wage developments need to be strengthened through a Europe-wide coordinated reconstruction of collective bargaining as a precondition for more sustainable and more inclusive growth in Europe. It contains major research findings from the CAWIE2 – Collectively Agreed Wages in Europe – project, conducted in 2014–2015 for the purpose of discussing and debating the currently dominant policy perspectives on collectively-bargained wage systems under the new European economic governance.
Book Synopsis The Costs and Benefits of Various Wage Bargaining Structures by : Alun H. Thomas
Download or read book The Costs and Benefits of Various Wage Bargaining Structures written by Alun H. Thomas and published by International Monetary Fund. This book was released on 2002-04 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: The literature on the relationship between the unemployment rate and wage bargaining fails to separate the offsetting effects of a reduction in competition associated with centralized bargaining and the increased awareness of unemployment externalities. This paper uses OECD data to distinguish these effects. While wages have become more sensitive to changes in the unemployment rate in countries that have switched to centralized wage-bargaining arrangements, the industry wage is not particularly sensitive to internal factors (relative price and productivity shifts) in economies with centralized/industry-level bargaining arrangements. The latter effect dominates in terms of persistently high unemployment and weaker growth.
Book Synopsis The Structure of Wages by : Edward P. Lazear
Download or read book The Structure of Wages written by Edward P. Lazear and published by University of Chicago Press. This book was released on 2009-05-15 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: The distribution of income, the rate of pay raises, and the mobility of employees is crucial to understanding labor economics. Although research abounds on the distribution of wages across individuals in the economy, wage differentials within firms remain a mystery to economists. The first effort to examine linked employer-employee data across countries, The Structure of Wages:An International Comparison analyzes labor trends and their institutional background in the United States and eight European countries. A distinguished team of contributors reveal how a rising wage variance rewards star employees at a higher rate than ever before, how talent becomes concentrated in a few firms over time, and how outside market conditions affect wages in the twenty-first century. From a comparative perspective that examines wage and income differences within and between countries such as Denmark, Italy, and the Netherlands, this volume will be required reading for economists and those working in industrial organization.
Author :International Monetary Fund. Research Dept. Publisher :International Monetary Fund ISBN 13 :1451974558 Total Pages :116 pages Book Rating :4.4/5 (519 download)
Book Synopsis IMF Staff Papers, Volume 46, No. 1 by : International Monetary Fund. Research Dept.
Download or read book IMF Staff Papers, Volume 46, No. 1 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1999-03-15 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: This economic journal contains theoretical and empirical analyses of varous macroeconomic issues. The studies are prepapred by IMF research staff or consultants. Subjects covered inclulde balance of payments and exchange rates, monetary systems and policies, public finances, international trade, economic growth, and some sectoral analyses. The last issue of the year contains an index to the volume. Approximately 200 pages in each issue.
Book Synopsis Nordic Labour Market Models in Open Markets by : Jon Erik Dølvik
Download or read book Nordic Labour Market Models in Open Markets written by Jon Erik Dølvik and published by . This book was released on 2014 with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Sweden and the 'Third Way' by : Philip Whyman
Download or read book Sweden and the 'Third Way' written by Philip Whyman and published by Routledge. This book was released on 2018-02-06 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2003. The creation of a 'Third Way' between unfettered capitalism and old-style Keynesian-corporatist forms of social democracy has become the driving force behind the policy programmes of many left-of-centre political parties in the industrialised nations of the world today. Sweden and the 'Third Way' critically evaluates this 'new' social democracy by examining the profound shift in Swedish political economy from being the prototype old-style social democracy towards the 'Third Way' synthesis of neo-liberalism and elements of traditional social democracy. Philip Whyman evaluates internal and external challenges to Swedish macroeconomic policy - including globalisation, European integration, post-Fordist technological change and the relative empowerment of capital - to discover the extent to which national economic autonomy is constrained. Furthermore, he considers the plausibility of revising the core elements of the traditional 'Swedish Model' as an alternative to the prevailing macroeconomic platform.
Book Synopsis Taxation, Wage Bargaining, and Unemployment by : Isabela Mares
Download or read book Taxation, Wage Bargaining, and Unemployment written by Isabela Mares and published by Cambridge University Press. This book was released on 2006-02-13 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why were European economies able to pursue the simultaneous commitment to full employment and welfare state expansion during the first decades of the postwar period and why did this virtuous relationship break down during recent decades? This book provides an answer to this question, by highlighting the critical importance of a political exchange between unions and governments, premised on wage moderation in exchange for the expansion of social services and transfers. The strategies pursued by these actors in these political exchanges are influenced by existing wage bargaining institutions, the character of monetary policy and by the level and composition of social policy transfers. The book demonstrates that the gradual growth in the fiscal burden has undermined the effectiveness of this political exchange, lowering the ability of unions' wage policies to affect employment outcomes.
Author :International Monetary Fund. European Dept. Publisher :International Monetary Fund ISBN 13 :1498377270 Total Pages :54 pages Book Rating :4.4/5 (983 download)
Book Synopsis Sweden by : International Monetary Fund. European Dept.
Download or read book Sweden written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2014-09-22 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues Paper on Sweden focuses on macroprudential policies in Sweden. Sweden’s banking system meets most standard measures of financial soundness. However, with its large and wholesale-dependent banking sector, high and increasing household debt, and resurgent house price growth, additional measures are needed to contain mounting financial stability risks. On the supply side, this means continuing to strengthen capital and liquidity requirements. However, theoretical and empirical evidence points to a need to also limit credit demand, including through effective steps to increase the rate of mortgage amortization. Empirical evidence suggests that demand-side measures are effective in curbing household borrowing. There is less evidence on the simultaneous use of these tools—a scenario particularly relevant for Sweden. The model also suggests that higher policy rates will impact both mortgage supply and demand. The main findings are qualitatively unchanged across different sample periods and alternative sign restrictions—for example, about the contemporaneous correlation between the monetary policy shock and output and inflation.
Book Synopsis OECD Territorial Reviews: Oresund, Denmark/Sweden 2003 by : OECD
Download or read book OECD Territorial Reviews: Oresund, Denmark/Sweden 2003 written by OECD and published by OECD Publishing. This book was released on 2003-06-04 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: OECD's comprehensive territorial review of the Oresund region of Denmark and Sweden.
Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :9781557758606 Total Pages :124 pages Book Rating :4.7/5 (586 download)
Book Synopsis Research Activities of the IMF, January 1991-December 1998 by : International Monetary Fund
Download or read book Research Activities of the IMF, January 1991-December 1998 written by International Monetary Fund and published by International Monetary Fund. This book was released on 1999-09-24 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: A selective index of major research papers prepared by IMF staff in 1991-98.
Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :9781557759801 Total Pages :144 pages Book Rating :4.7/5 (598 download)
Book Synopsis Research Activities of the IMF, January 1991-December 1999 by : International Monetary Fund
Download or read book Research Activities of the IMF, January 1991-December 1999 written by International Monetary Fund and published by International Monetary Fund. This book was released on 2000-01-01 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research activity in the IMF emphasizes the links between the organization's policy and operational concerns. The main objectives of research is IMF staff understanding of policy and operational issues relevant to the institution, and to improve the analytical quality of the work prepared for management and the Executive Board and the advice provided to member countries. The scope of research in the IMF is defined by the purposes and functions of the institution. In order to foster innovation and ensure quality control, the IMF makes much of its research available outside the institution and encourages staff to interact with academia and other research organizations through conferences, seminars, and occasional joint research projects. The visiting scholar’s program has also enhanced the quality of research done in the IMF. This program brings in leading members of the economics profession from around the world to assist in the preparation of papers for the Executive Board and to conduct research on IMF-related issues.
Book Synopsis The Labor Market and Economic Adjustment by : Pierre-Richard Agénor
Download or read book The Labor Market and Economic Adjustment written by Pierre-Richard Agénor and published by International Monetary Fund. This book was released on 1995-11-01 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on economic flexibility and the channels through which labor market imperfections alter the effects of structural adjustment measures are discussed next. The last part of the paper identifies a variety of issues that may require further investigation, such as the link between changes in relative wages and the distributional effects of adjustment policies.
Download or read book IMF Research Bulletin written by and published by . This book was released on 2000 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Negotiating Our Way Up Collective Bargaining in a Changing World of Work by : OECD
Download or read book Negotiating Our Way Up Collective Bargaining in a Changing World of Work written by OECD and published by OECD Publishing. This book was released on 2019-11-18 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Collective bargaining and workers’ voice are often discussed in the past rather than in the future tense, but can they play a role in the context of a rapidly changing world of work? This report provides a comprehensive assessment of the functioning of collective bargaining systems and workers’ voice arrangements across OECD countries, and new insights on their effect on labour market performance today.
